Huaneng Renewables : Disclosure of Dealings under Rule 22 of the Takeovers Code

Public Disclosure Form

6 September 2019

Possible privatisation by way of general offer

Disclosure of dealings in the shares of Huaneng Renewables Corporation Limited

The Executive received the following disclosure of securities dealings pursuant to Rule 22 of the Hong Kong Code on Takeovers and Mergers:

Party	Date	Purchase /	Number of shares	Price per share	Resultant balance	Percentage of class
		Sale			(including those of	(including those of
					any person with whom	any person with whom
					there is an agreement	there is an agreement
					or understanding)	or understanding)
BlackRock, Inc.	5 September	Purchase	208,000	$2.6900	333,924,431	6.6370%
	2019
	Sale	6,951,769	$2.6900	326,972,662	6.4989%

End

Note:

BlackRock, Inc. is a Class (6) associate of the Offeree company by virtue of its holdings of ordinary shares in the Offeree company. Dealings were made for the account of discretionary investment clients.

Item 1 indicates a transfer upon in-specie subscriptions by authorized participants.

Item 2 indicates the return of collateral by BlackRock, Inc., and the figure represents the net movement in collateral.